Tapestry, Inc.’s board of directors has declared a quarterly cash
dividend of 0.3375 dollar per common share. The company said, this dividend
is payable on July 2, 2018 to shareholders of record as of the close of
business on June 8, 2018.

Net sales at Tapestry for the third quarter totalled 1.32
billion dollars, an increase of 33 percent on reported and 30 percent on a
constant currency basis. The company now projects earnings per diluted
share in the range of 2.57 dollars-2.60 dollars, an increase of about 19
percent to 21 percent for the year, including high single digit accretion
from the acquisition of Kate Spade.